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Author: Lasse Gerrits
Publisher: Edward Elgar Publishing
ISBN: 178347842X
Category : Business & Economics
Languages : en
Pages : 245
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Book Description
Infrastructure projects are notoriously hard to manage so it is important that society learns from the successes and mistakes made over time. However, most evaluation methods run into a conundrum: either they cover a large number of projects but have little to say about their details, or they focus on detailed single-case studies with little in terms of applicability elsewhere. This book presents Qualitative Comparative Analysis (QCA) as an alternative evaluation method that solves the conundrum to enhance learning.
Author: Lasse Gerrits
Publisher: Edward Elgar Publishing
ISBN: 178347842X
Category : Business & Economics
Languages : en
Pages : 245
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Book Description
Infrastructure projects are notoriously hard to manage so it is important that society learns from the successes and mistakes made over time. However, most evaluation methods run into a conundrum: either they cover a large number of projects but have little to say about their details, or they focus on detailed single-case studies with little in terms of applicability elsewhere. This book presents Qualitative Comparative Analysis (QCA) as an alternative evaluation method that solves the conundrum to enhance learning.
Author: Stefan Verweij
Publisher:
ISBN: 9781526467997
Category : Case method
Languages : en
Pages :
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Book Description
Many evaluations of infrastructure projects rely on methods that ignore the complexity of the projects. Although case studies are attentive to project complexity, it is difficult to identify general patterns that would apply to a larger sample of projects. Qualitative comparative analysis is a method that preserves the complexity of projects and generates insights across cases. In this contribution, we discuss our experiences with using qualitative comparative analysis for the evaluation of the planning and implementation of complex infrastructure projects. We will provide a short introduction into the main properties of the method (complex causality, systematic comparison) as well as describe some of the main operations (calibration, truth table analysis, interpretation). This will serve to demonstrate why qualitative comparative analysis is a fitting evaluation method in project development and implementation. Next, we will show how we used the method in a research project that aimed to find out under what conditions unplanned events in the implementation of infrastructure projects were dealt with satisfactorily, that is, what it took to respond to these events in an apt manner. Based on our experiences, we will summarize main lessons learned for conducting qualitative comparative analysis proper and provide suggestions for further reading.
Author: Stefan Verweij
Publisher:
ISBN:
Category :
Languages : en
Pages : 21
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Book Description
This paper introduces and assesses Qualitative Comparative Analysis (QCA) as a complexity-informed framework for evaluating complex infrastructure projects coupled with area development. This is done in four steps. First, the properties of infrastructure and area development are discussed. When combined with a complexity perspective, it follows that the context of a project is explanatory for its outcomes. Secondly, prerequisites for a evaluation framework following this point of departure are developed. Thirdly, common infrastructure evaluation methods are assessed against these requisites. lt follows that a comparative case-based approach is most suitable to study the relationships between context and outcomes in projects. Fourthly, fuzzy set Qualitative Comparative Analysis (fsQCA) is introduced and assessed related to the developed requisites. The paper concludes with a discussion of the further development of fsQCA.
Author: Carl D. Martland
Publisher: Wiley
ISBN: 9780470448762
Category : Technology & Engineering
Languages : en
Pages : 0
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Book Description
Toward More Sustainable Infrastructure: Project Evaluation for Planners and Engineers provides readers a framework for understanding and evaluating infrastructure projects to improve their performance and sustainability, taking into account not only the financial and economic issues, but also the social and environmental impacts that affect the sustainability of infrastructure. Based on a course designed developed by the author over ten years at M.I.T., this text demonstrates how to apply the basic methods of engineering economics in evaluating major infrastructure projects and also demonstrates how these same techniques can be useful with many routine business and personal decisions. It introduces students to project management, system performance, concepts of sustainability, methods of engineering economics, and provides numerous case studies, examples, and exercises based upon real world problems. This text fills a void in the education of many planners and engineering students, namely an understanding of why major infrastructure projects are undertaken, how they are structured and evaluated, and how they are financed. Toward More Sustainable Infrastructure: Project Evaluation for Planners and Engineers prepares readers to evaluate projects based upon an appreciation of the needs of society, the potential for sustainable development, and recognition of the problems that may result from poorly conceived or poorly implemented projects and programs.
Author: Anthony Holmes
Publisher: Harriman House Limited
ISBN: 0857194445
Category : Business & Economics
Languages : en
Pages : 67
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Book Description
Infrastructure projects represent one of the largest asset classes globally with the estimated cost of potential new projects planned to 2030 totalling US$70 trn. The sector splits into social infrastructure which is the group of projects that support urban living and economic infrastructure that, following the recession that began 2007/8, has become the global economic methodology du jour to stimulate economic growth. However, unless the host state has surplus financial resources, as has China and the Gulf states, large scale investment may be not be affordable given the capacity constraints and fragility of the international capital markets. Moreover the majority of large complex infrastructure projects are delivered late and over budget. Whatever the initial estimates and plans, sponsors face project distress usually in the last quarter of the development with budget increases ranging from 40% to over 100%. Many major projects are socially necessary but sponsors will fail if they persist in trying to attract investment by pretending that projects are financially viable using the criteria employed by commercial concerns. A new methodology is required. This book explores the reasons these large projects rarely conform to their original plan and what can be done about it. It also examines how the trend to greater complexity will exacerbate this problem unless a new methodology is adopted. The book concludes that unless more realism is introduced developed nations will be unable to renew their infrastructure and developing nations will not be able to establish the foundation of a modern economy. The author is a director of the Institute for Infrastructure Studies and consults globally.
Author: Carl D. Martland
Publisher: Createspace Independent Publishing Platform
ISBN: 9781539345008
Category :
Languages : en
Pages : 156
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Book Description
This book is based primarily upon materials prepared between 1997 and 2010 by Carl D. Martland for "1.011 Project Evaluation", a required course within MIT's Department of Civil & Environmental Engineering that he designed, developed, and taught for many years. It is structured to be of interest to anyone interested in infrastructure systems, especially engineers, planners and managers who design, build and operate such systems. The book may also be of interest to students in planning or engineering who are interested in transportation, water resources, energy, city planning, or real estate development.
Author: Markku Lehtonen
Publisher: Routledge
ISBN: 1317222067
Category : Business & Economics
Languages : en
Pages : 266
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Book Description
The governance and evaluation of ‘megaprojects’ – that is, large-scale, complex, high-stakes infrastructure projects usually commissioned by governments and delivered through partnerships between public and private organisations – is receiving increased attention. However, megaproject evaluation has hitherto largely adopted a linear-rationalist perspective to explain the frequent failure of such projects to meet the ‘iron triangle’ of performance criteria: delivering on time, within budget, and according to specifications. This approach recommends greater control and accountability to remedy megaproject ‘pathologies’. Drawing on empirical examples mainly from the transport sector and radioactive waste disposal, this book offers new perspectives to megaproject evaluation. Comprising contributions from leading experts in project evaluation and appraisal, this collection opens up new avenues by suggesting two ways of improving megaproject evaluation: 1) approaches that go beyond the dominant linearrationalist notion of policy processes, and emphasise instead the objective of opening up appraisal processes in order to enhance learning and reflexivity; and 2) approaches that extend evaluative criteria beyond the ‘iron triangle’, to cover the various socioeconomic impacts and preconditions for project success. This volume will be of great relevance to scholars and practitioners with an interest in megaprojects, energy and climate policy, radioactive waste management, urban design, and project planning and management.
Author: Bent Flyvbjerg
Publisher: World Bank Publications
ISBN:
Category : Economic development projects
Languages : en
Pages : 32
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Book Description
Abstract: "This paper focuses on problems and their causes and cures in policy and planning for large infrastructure projects. First, it identifies as the main problem in major infrastructure development pervasive misinformation about the costs, benefits, and risks involved. A consequence of misinformation is massive cost overruns, benefit shortfalls, and waste. Second, the paper explores the causes of misinformation and finds that political-economic explanations best account for the available evidence: planners and promoters deliberately misrepresent costs, benefits, and risks in order to increase the likelihood that it is their projects, and not the competition's, that gain approval and funding. This results in the "survival of the unfittest," where often it is not the best projects that are built, but the most misrepresented ones. Finally, the paper presents measures for reforming policy and planning for large infrastructure projects, with a focus on better planning methods and changed governance structures, the latter being more important."--World Bank web site.
Author: Hodge, Graeme A.
Publisher: Edward Elgar Publishing
ISBN: 1839105887
Category : Political Science
Languages : en
Pages : 400
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Book Description
This timely Research Agenda examines the ways in which public–private partnerships (PPPs) in infrastructure continue to excite policy makers, governments, research scholars and critics around the world. It analyzes the PPP research journey to date and articulates the lessons learned as a result of the increasing interest in improving infrastructure governance. Expert international contributors explore how PPP ideas have spread, transferred and transformed, and propose a range of future research directions.
Author: Genia Kostka
Publisher: Springer
ISBN: 3319292331
Category : Social Science
Languages : en
Pages : 218
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Book Description
This book presents an analysis of why some large infrastructure projects are delayed or compromised and offers important insights into the better delivery of future projects. It provides an important reaction to the ambitious €315 billion investment plan devised by the European Commission, wherein Europe's infrastructure is a key investment target. Germany is adopted as a focus, as Europe's largest economy, and a nation that has seen significant delays and tensions in the delivery of key infrastructure projects. The contributions to this volume demonstrate various patterns for infrastructure assets and illustrate how factors such as poor project governance, early planning mistakes, inappropriate risk management and unforeseen technological challenges influence delivery. The in-depth case studies on the Berlin Brandenburg Airport, the Hamburg Elbphilharmonie, and offshore wind parks show how project delivery can face massive problems, and illuminating solutions are offered to these problems. Overall, the case of Germany also offers the opportunity to assess various new forms of project delivery, such as public-private partnerships (PPP), and the risks and opportunities of ambitious first-mover 'pioneer' projects. The book will be of great interest for scholars and upper-level students of human geography, business and management, as well as policy makers.
